by Robert Borosage | Feb 4, 2009 | Blog
What will the Obama administration do with the banks that are now on life support? Pump in more taxpayers' money to keep the zombies alive? Radical surgery? Pull the plug? The decision - with new announcements rumored for next week — is critical to any recovery plan....
by Bill Scher | Feb 4, 2009 | Uncategorized
Focus Quickly Returns To Economic Recovery W. Post claims resistance in the Senate to a larger bill (after, per NYT, Senate votes for a larger bill): Senate Democratic leaders conceded yesterday that they do not have the votes to pass the stimulus bill as currently...
by Sara Robinson | Feb 4, 2009 | Blog
"Make no little plans. They have no magic to stir men's blood and probably will not themselves be realized." -- Daniel Burnham, American architect Most progressives understand by now that the battle over the stimulus is, at heart, a philosophical debate over whether...
by Bill Scher | Feb 3, 2009 | Blog, Rick Perlstein
Before the election, my colleague Rick Perlstein counseled the next president to embrace a big and bold liberal agenda immediately after entering office, in the mold of Presidents Franklin Roosevelt and Lyndon Johnson, or else the opportunity for real change would be...
by Charles McMillion | Feb 3, 2009 | Blog
The current recession will soon become the longest since the Great Depression. The U.S. is losing over 500,000 jobs each month, and a new president, elected overwhelmingly, is pleading for unity and urgent action on a scale not seen since the New Deal. At such a...